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Trump Seeks Trade Deals with Deadline Approaching

President Donald Trump’s recent trade deal announcements have left many terms unresolved, with frameworks for deals with the European Union, Japan, the Philippines, and Indonesia still in flux.
In April, Trump unveiled sweeping import taxes from nearly every country, followed by a 90-day pause to ease market fears and warnings of higher tariffs by Aug. 1.
On paper, counterparties promised over $1 trillion in investments, including $750 billion from European companies and only a maximum $11 billion from Japan’s $550 billion fund.
It’s Aug. 1, and the administration announced tariffs will take effect on Aug. 7, marking the self-imposed deadline for trade deal resolutions.
An extension of the US-China tariff truce is in the works, as China’s top trade official said the sides agreed to work on extending the Aug. 12 deadline after Stockholm talks.

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66 Articles

MSNBC

Left

Trump’s trade war has only just begun to hit Americans’ wallets

It’s Aug. 1, meaning we’ve arrived at the Trump administration’s self-imposed deadline for countries to agree to trade deals with the United States or face even higher new tariffs.

2 days ago·United States

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CNBC

Reposted by

thepress.net

Center

Trump’s tariff deadline is near. Here’s a look at countries that have a deal — and those that don't

The U.S. has managed to make only eight deals in 120 days, including one with the 27-member European Union.

3 days ago·United States

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NBC Chicago

+3 Reposted by 3 other sources

Center

Trump's tariff deadline is near. Here's a look at countries that have a deal — and those that don't

The U.S. has managed to make only eight deals in 120 days, including one with the 27-member European Union.

4 days ago·Chicago, United States

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Global News

Lean Left

A look at Trump’s trade deals so far as tariff deadline days away - National

The U.S. has announced trade deals with various countries and groups, including the European Union and Japan, but key details about the agreements are sparse.

4 days ago·Toronto, Canada

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Alternet

Left

Trump's new 'scam' will hurt Americans: Economist Paul Krugman

President Donald Trump is bragging about a major trade deal with the European Union (EU), and his MAGA cheerleaders are claiming that the deal is a big win for the United States. But liberal economist Paul Krugman, a scathing critic of Trump's trade policy, is extremely skeptical and doubts that the deal with benefit either U.S. businesses or U.S. consumers.In a SubStack article posted on July 29, Krugman attacked Trump's EU and Japan deals — ar…

4 days ago·Washington, United States

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The Christian Science Monitor

Center

Trump’s tariff tension may be easing after deals with EU, Japan

President Trump has challenged conventional trade policy, and the U.S. is agreeing to deals with the European Union, Japan and others. Whether America comes out ahead depends in part on what the details of the tariff agreements turn out to be.

4 days ago·Boston, United States

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